• Journal of Distribution Science
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• v.21 no.12
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• pp.83-89
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• 2023

Purpose: Research on spin-off and treasury stock is necessary because the market has realized that this can be utilized for major shareholder private interest. Considering the unique characteristic of a spin-off and treasury stock in the Korean stock market, this study contributes to the literature by examining the effects on shareholder value in the Korean distribution industry. Research design, data, and methodology: The present study investigates literature, analyst reports, and news articles to examine the spin-off process and analyze how treasury stock magic happens. Results: Setting the exchange ratio favoring Spin-Co in the spin-off is the leading cause for reducing the minor shareholders' value. Moreover, treating treasury stock as an asset is also problematic, allowing the allocation of Spin-Co shares. This leads to an increase in the major shareholder controls of Spin-Co without any contribution from the major shareholders. Therefore, the exchange ratio should be calculated reasonably, and treasury stock from the stock repurchase should be treated as stock retirement. Conclusion: By analyzing the spin-off and how treasury stock magic occurs, this study provides recommendations to improve shareholder value. Moreover, it contributes to the maturation of the Korean capital market by promoting a discussion on the revision of spin-off and treasury stock.

• Journal of Technology Innovation
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• v.19 no.2
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• pp.99-128
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• 2011

University-to-industry technology transfer has become an increasingly important issue in recent years. Studies on technology transfer and commercialization evolved to diverse knowledge transfer channels. Among them, university spin-off is not only known as the most direct and tangible method but also suitable for effectively transferring tacit knowledge. Much of the studies on university spin-offs are mostly focused on macro-level but studies using the individual professors as their unit of analysis need better understanding as well. This paper investigates why the speed of university spin-off formations differ among individual professors drawing on the resource-based view. Utilizing data of 149 professors in 25 universities who formed spin-offs, Cox regression results suggest that professors' technological research capabilities, academic research capabilities and financial resources promote university spin-off formations.

• Proceedings of the KSME Conference
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• 2001.11b
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• pp.676-681
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• 2001

In this paper, the spin-up from rest to a state of solid-body rotation in a circular container with a slender rectangular obstacle on the bottom wall is analysed experimentally. We use a PIV method for the evolution of the free-surface flow. Laboratory experiments have been carried out for a variety of the obstacle height h(0, 5, 10 [mm]) and the liquid depth H(25, 50, 75, 100 [mm]). It was found that the spin-up time is crucially dependent on the obstacle height T. In the case of T=10[mm] the spin-up time is considerably shorter then the other cases.

• International journal of advanced smart convergence
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• v.11 no.1
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• pp.48-54
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• 2022

Promote the application ofscientific research and technological developmentresultsto production and social life; The commercialization of scientific and technological products through the science and technology market is an effective method to exploit intellectual property at universities and research institutes. Spin-off is a popular business model in developed countriesto deploy and commercialize scientific and technologicalresearch results. However, in Vietnam, this concept is not popular as well as the number of spin-off businesses is not much and does not work effectively. This article focuses on clarifying the shortcomings and difficulties in establishing spin-off businesses in universities, thereby proposing solutions to develop spin-off businesses to exploit assets intellect at universities in Vietnam

• Journal of the Korean Magnetics Society
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• v.16 no.1
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• pp.84-87
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• 2006

We suggest a procedure entangling two spin-1/2 particles at distant positions such that they cannot be directly entangled via local interaction. An already entangled pair is used to transfer the entanglement to another pair of particles by way of interaction. This scheme of nonlocal generation of entanglement can be used in the construction of a two-qubit universal gate.

• Proceedings of the Korean Society Of Semiconductor Equipment Technology
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• 2002.11a
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• pp.20-26
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• 2002

The fluid flow, mass transfer, heat transfer and film thickness variation during the spin coating process are numerically studied. The model is said to be 1-dimensional because radial variations in film thickness, concentration and temperature are ignored. The finite difference method is employed to solve the equations that are simplified using the similarity transformation. In early time film thinning is due to the radial convective outflow. However that slows during the first seconds of spinning so the film thinning due to evaporation of solvent becomes sole. The time various film thickness is analyzed according to the var ious solvent fraction in the coating liquid and in the bulk of the overlying gas and the temperature variation in the liquid film during the spin coating is estimated.

• Proceedings of the Korean Magnestics Society Conference
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• 2006.06a
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• pp.30-31
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• 2006

• Proceedings of the Korean Magnestics Society Conference
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• 2013.05a
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• pp.97-97
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• 2013

• Proceedings of the Korean Magnestics Society Conference
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• 2011.12a
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• pp.66-67
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• 2011

• Proceedings of the Korean Magnestics Society Conference
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• 2011.12a
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• pp.45-45
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• 2011